New World Bank Country Director to Bangladesh and Bhutan Abdoulaye Seck yesterday lauded the economic development of Bangladesh over the years and termed the country as a ‘true global champion’ on various fronts such as GDP growth, poverty alleviation, and women empowerment.

Bangladesh should give priority on the efficient skills development of farmers to increase agricultural productivity and reduce the cost of cultivation, said MA Momen, vice-president of the Federation of Bangladesh Chambers of Commerce and Industries (FBCCI).

Old vehicle importers yesterday urged Bangladesh Road Transport Authority (BRTA) to gradually phase out from Dhaka vehicles which were over 15 years old for a healthier capital. 

The government has confiscated funds in a bank account of Regent Airways to collect dues, Finance Minister AHM Mustafa Kamal told parliament yesterday. 

The Bangladesh Bureau of Statistics (BBS) is expected to release its Labour Force Survey (LFS)-2022 by the end of March this year, according to a top official of the planning ministry.

Md Abdur Rahman Khan has been elected the president of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) for a one-year term for 2023 in a council meeting yesterday.

Stocks in Bangladesh snapped a three-day losing streak yesterday while turnover of the Dhaka bourse exceeded Tk 400 crore after 14 trading sessions. 

Fu-Wang Foods, one of the leading listed confectionary makers, has announced that it would produce puffed rice, which is called muri in Bangla, and sell it under the name “Fuwang Muri”. 

Makalot Industrial Co Ltd, a Taiwanese readymade garment manufacturer, is going to invest $17 million to produce sports shoes and apparel items at the Bay Economic Zone.

The Bangladesh Securities and Exchange Commission (BSEC) has fined one Md Louthful Goni Tito and his company Shatrong Agro Fisheries Tk 25 lakh for manipulating stock prices of Global Insurance through serial trading. 

Stocks in Bangladesh snapped a three-day falling streak today while turnover of the Dhaka bourse crossed Tk 400 crore after 14 trading sessions.

International Monetary Fund's (IMF) Deputy Managing Director Antoinette Monsio Sayeh is due in Dhaka on January 14 for a five-day visit, to finalise the agreement for a $4.5 billion loan.

Rakhine weavers in Barguna’s Taltali upazila are passing busy days now as demand for warm winter clothes has surged amid a sharp drop in temperatures. 

Some 5,683 companies, societies and partnership firms received registration from the Office of the Registrar of Joint Stock Companies and Firms (RJSC) in the first half of the ongoing financial year.   

According to the definition published by the United Nations (UN), the ‘net zero’ means cutting greenhouse gas (GHG) emissions, such as carbon dioxide (CO2) emissions, as close to zero as possible, with any remaining emissions being reabsorbed from the atmosphere.

Bangladesh’s entrepreneurs, encouraged by prospects, tax and VAT benefits, expanded their capacity in oceangoing shipping sector, with the total number of vessels rising to 91, the highest so far, at the end of 2022 from 80 ships a year ago. 

Most of the global stock indices plunged last March when the war between Russia and Ukraine escalated but they took only two months before bouncing back despite the conflict-induced turmoil worldwide.

Leaders of Sammilito Parishad, a panel of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), want an extension of the tenure of the current board rather than a fresh election for electing the next leadership.

The central bank’s inspection team did not perform properly to detect the irregularities at Bangladesh Industrial Finance Company (BIFC), a fact-finding committee found.

Stocks in Bangladesh inched down yesterday as most investors were cautious over macroeconomic concerns.